Allocators Prefer the ‘Fluffy Airy’ Words of Private Equity to the
Hard Math of Hedge Funds
institutionalinvestor
4 months ago
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Over the past decade, the number of private equity funds has doubled while the number of hedge funds has stayed flat. Yet the reasons for that shift aren’t entirely logical, according to Dan Rasmussen, founder of the Verdad Partners hedge fund —and a longtime critic of private equity.
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